Soventix Chile and JA Solar have formed a joint venture to develop large-scale solar photovoltaic power projects in the country of Chile.
The joint venture will initially cooperate on projects with a total of 130MW, all of which will use JA Solar modules.
Both companies expect completion of the first collaborative projects in 2015.
â€œWe are pleased to partner with a premium module manufacturer like JA Solar.â€ Soventix Chile chief executive officer Thomas Stetter said.
â€œHaving a technically and economically strong module supplier enables us to move rapidly into the detailed engineering stage of our projects, as well as progressing in raising capital.â€
JA Solar general manager for project development Giovanni Landi said that This operation in Chile confirms their commitment to the Latin American market, since it builds on projects they have already started developing in Mexico and Panama.
Originally from ReNews